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Offlineakalais
Low cost grower
Female


Registered: 09/20/13
Posts: 79
Loc: Strait of Gibraltar
Last seen: 9 years, 29 days
Re: Economics [Re: elax420]
    #18964120 - 10/11/13 01:50 PM (10 years, 3 months ago)

Laissez faire was just another name to subjugate the underclass, like social darwinism.

Newspeak everywhere.


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Offlinezappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 7 months
Re: Economics [Re: akalais]
    #18964161 - 10/11/13 01:58 PM (10 years, 3 months ago)

Stevie Wonder was quite big in the seventies, which is also before you were born.

I'm a Milton Friedman guy.  What school are you failing in?


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Offlineqman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 1 day, 21 hours
Re: Economics [Re: zappaisgod]
    #18964242 - 10/11/13 02:17 PM (10 years, 3 months ago)

"New Deal where the government paid people to perform menial tasks.. that shit hella worked." 

http://www.intellectualtakeout.org/blog/ask-professor-did-new-deal-end-great-depression

"If you excludes those in governmental work programs from the unemployment rate, it remains above the 1929 figure until the 1940's."

"GNP does not distinguish between productive and unproductive expenditures..because we are paying people for unproductive work such as digging holes and filling them up again, that really isn't recovery."

"Total hours worked in 1940 were 6% LESS than in 1929."

elax, just stop with the conservative/right wing/Rush Limbaugh nonsense, if anyone has read my opinions on economic issues, they would know I don't subscribe into any one ideology.


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Invisibleelax420
Anal Destroyer
 User Gallery

Registered: 10/16/12
Posts: 15,536
Re: Economics [Re: zappaisgod]
    #18964265 - 10/11/13 02:25 PM (10 years, 3 months ago)

Quote:

zappaisgod said:
Stevie Wonder was quite big in the seventies, which is also before you were born.

I'm a Milton Friedman guy.  What school are you failing in?




Nice one psych major, wouldn't you like to know NSA.

Im actually in really good standing with the business school.


Ya i dont know much about reaganomics besides that when anybody says that word in serious discussion it causes people to laugh.

Reagan ran a pretty fucking huge deficit, and to cut Government spending what did he do? Increase military spending, fucking :burke:

Is their a more worthless way to spend government money? (im in no way opposed to the military) Oh ya you can sell those rusted out bombs at a loss to the taliban just to see them used against you 20 years later:rofl:

___

good for you Qman, im with you on that(not adhering to strictly one ideology, mainly talking to zappa about that though).

I still dont see how the hours worked after the greatest economic depression being less than what it was in a huge boom economy matter? Point was to reverse the downturn and stabilize the economy, which it did. People weren't spending money dude, they had to get the money flowing somehow.

The new deal wasn't entirely worthless work either, huge public works projects went into place (hoover dam anyone).


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Offlinezappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 7 months
Re: Economics [Re: elax420] * 1
    #18965256 - 10/11/13 06:46 PM (10 years, 3 months ago)

Quote:

elax420 said:
Quote:

zappaisgod said:
Stevie Wonder was quite big in the seventies, which is also before you were born.

I'm a Milton Friedman guy.  What school are you failing in?




Nice one psych major, wouldn't you like to know NSA.

Im actually in really good standing with the business school.




Are you really worried that somebody could identify you if you named your school?  I just find the concept that there is a conservative academy and a conservative student base of 20 year olds incomprehensible.  Where is this heaven, I want to know?
Quote:




Ya i dont know much about reaganomics besides that when anybody says that word in serious discussion it causes people to laugh.




Did I mention Reagan?  I said Milton Friedman.  Look him up.
Quote:



Reagan ran a pretty fucking huge deficit, and to cut Government spending what did he do? Increase military spending, fucking :burke:




Reagan had a completely Dem controlled Congress.  What has the alleged conservative academy you attend taught you about the power of the purse in the US?
Quote:



Is their a more worthless way to spend government money? (im in no way opposed to the military) Oh ya you can sell those rusted out bombs at a loss to the taliban just to see them used against you 20 years later:rofl:




The inability of the USSR to keep up with the arms race is a huge factor in why it collapsed.  Do you see the collapse of the Soviet State as a good thing or a bad thing?
Quote:



___

good for you Qman, im with you on that(not adhering to strictly one ideology, mainly talking to zappa about that though).


I still dont see how the hours worked after the greatest economic depression being less than what it was in a huge boom economy matter? Point was to reverse the downturn and stabilize the economy, which it did. People weren't spending money dude, they had to get the money flowing somehow.

The new deal wasn't entirely worthless work either, huge public works projects went into place (hoover dam anyone).




Whether it was entirely worthless is beside the point.  An enormous amount of money was extracted from sane useful production and spent on much that was not.  It retarded a meaningful recovery that should have and would have been much quicker and better without it.


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